The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $300,000 Project Grant to Towpath Credit Union, a non-profit organization, to promote economic revitalization and community development through technical assistance. The grant, awarded on November 21, 2024, with an ultimate completion date of December 31, 2027, will be used to build the capacity of Towpath Credit Union, a certified CDFI, to serve low-income and underserved populations by providing affordable financial products and services. The eligible activities under this grant include compensation for personal services and fringe benefits, professional service costs, travel, training, equipment, supplies, and incorporation costs. The goal of the technical assistance is to enable Towpath Credit Union to expand its reach and better serve its target markets, which lack adequate access to conventional banking resources.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |